Core Viewpoint - The company, Shanhe Intelligent Equipment Co., Ltd., is planning to engage in financial derivatives trading to mitigate foreign exchange and interest rate risks, with a maximum transaction amount of 1 billion RMB, while also forecasting significant related party transactions for 2026 [1][4][3]. Trading Information Summary - As of February 5, 2026, Shanhe Intelligent's stock closed at 11.61 RMB, down 0.6%, with a turnover rate of 1.51%, trading volume of 161,600 shares, and a transaction value of 188 million RMB [1]. - On the same day, the net outflow of main funds was 12.13 million RMB, while retail investors saw a net inflow of 21.45 million RMB [1]. Company Announcement Summary - The company held its fourth meeting of the ninth board of directors on February 4, 2026, where several resolutions were passed, including proposals for expected daily related party transactions for 2026, financial derivatives business, and strategic development planning [1][3]. - The company plans to hold its first extraordinary shareholders' meeting on February 26, 2026, to review the proposals related to daily related party transactions and financial derivatives business, with specific provisions for related shareholders to abstain from voting [1][4]. Financial Derivatives Business Analysis - The company aims to conduct financial derivatives trading to hedge against foreign exchange risks, with a total limit of 1 billion RMB, using its own funds and engaging with qualified domestic and foreign banks [2][3]. - The types of derivatives include forward contracts, currency swaps, options, and interest rate swaps, with a focus on hedging rather than speculative trading [2][3]. Expected Related Party Transactions - The company anticipates a total of 1.1968 billion RMB in related party transactions for 2026, covering various categories such as procurement, labor services, and leasing [4][5]. - The pricing for these transactions will be based on market prices and has been approved by the board, pending shareholder meeting approval [4][5].